gssbsecretariat@globalreporting.org

Item 02 – GRI Sector Standard
Project for Financial Services –Proposed member for CapitalMarkets Technical Committee
For GSSB approval
Date31 August 2023

Meeting

14 September 2023

ProjectSector Standard Project for Financial Services

Description

The Global Sustainability Standards Board (GSSB) has identified the GRI Sector
Standards for Financial Services as a priority project. The proposal was approvedin the GSSB meeting of February 2023. This paper presents one additional
nomination to the capital markets technical committee for information andapproval by the GSSB.

This document has been prepared by the GRI Standards Division and is made available to observers
at meetings of the Global Sustainability Standards Board (GSSB). It does not represent an official
position of the GSSB. Board positions are set out in the GRI Sustainability Reporting Standards. TheGSSB is the independent standard setting body of GRI. For more information visit
www.globalreporting.org.

© GRI 2023

Contents
1.

Background ...................................................................................................................................... 3

2.

Selection process and criteria .......................................................................................................... 33.

Additional proposed member to the capital markets technical committee ....................................... 4Page 2 of 4

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1. Background2

The GSSB approved the project proposal for the GRI Sector Standard Project for Financial Services

3

in its meeting on 16 February 2023. The GRI Standards Division prepared the Terms of Reference for4

the technical committees and provided these to the GSSB with the project proposal in February 2023.

5

At its meeting on 20 July 2023, the GSSB approved 13 members to the capital markets technical

6committee. This document presents one additional candidate to the committee. The nominated7

member has confirmed their availability and interest in participating in the technical committee.

82. Selection process and criteria

9In line with the due process protocol, technical committee (TC) members are appointed by the GSSB

10

and should reflect a balance of multi-stakeholder constituencies. The approved TC has at least one

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person drawn from each constituency on which the membership of the GSSB is based: business

12

enterprise, civil society, investment institution, labor, and mediating institution.

13

The principal criteria for selecting TC members are relevant knowledge and experience relating to the14banking sector and its role in sustainable development. In addition, the Standards Division will also

15

consider the following:

16•

Adequate knowledge of all parts of the capital markets sector

17•

Expertise in sustainability reporting in the capital markets sector

18•

Expert knowledge of the impacts of the capital markets sector: economic, environmental, and19

social20

The additional proposed TC member represents the business enterprise. Following the consideration

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and approval from the GSSB of this additional member, the final composition of the TC is 14

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candidates representing the constituencies as follows:23•

Business enterprise: seven candidates

24•

Civil society: one candidate

25•

Investment institutions: two candidates

26•

Mediating institutions: three candidates

27•

Labor: one candidate

Page 3 of 4

gssbsecretariat@globalreporting.org

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3. Additional proposed member to the Capital Markets

29

Technical Committee#Title1

Senior Legaland TaxCounsel

Organization
StichtingPensioenfonds
ABP

Constituency

RegionBusiness

EuropeExtract of background and experience••••

16+ years working with pension funds and 20 years working as legal and tax
council.
Senior Legal and Tax Counsel at ABP, the largest pension fund in theNetherlands, and one of the largest 10 pension funds in the world.
In this role, advises the board on legal and tax matters regarding theinternational asset portfolio and financial regulation.
Responsible for ABP’s tax policy and partnerships, determining andmonitoring asset management agreements as well as advising on corporate
law matters such as restructuring and the governance of investment entities.

This document has been prepared by the GRI Standards Division and is made available to observers at meetings of the Global Sustainability StandardsBoard (GSSB). It does not represent an official position of the GSSB. Board positions are set out in the GRI Sustainability Reporting Standards. The GSSB isthe independent standard setting body of GRI. For more information visit www.globalreporting.org.

© GRI 2023